REUTERSTHE Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) expects that electric vehicles (EVs) will not reach 10% of total vehicle sales in the Philippines this year despite increasing demand, its president said.EVs have so far captured 4% of the total industry’s sales, CAMPI
THE PANDEMIC has highlighted the need for greener, more open spaces. This is a major reason why property firms now offer bigger spaces, whether for condominium or horizontal developments. These projects are classified as upscale and luxury developments based on total contract prices but are
CITY SAVINGS BANK, Inc. (CitySavings), the thrift banking subsidiary of listed Union Bank of the Philippines, Inc. (UnionBank), expects its margins to improve this year as borrowing costs are expected to come down.“What we’re also looking forward to is the gradual reduction in interest rates
1 of 10‘B★VERSE Manila’ exhibition extendedTHE IMMERSIVE exhibition “B★VERSE Manila” has been extended until Sept. 1 to accommodate more ARMYs, K-pop fans, and curious individuals who want a glimpse of the BTS experience. The exhibition was extended in time for the birthday of one of
The arguments against the transfer of idle funds of PhilHealth to finance some unprogrammed appropriations are becoming more predictable, repetitive and unconvincing. I summarize below those major arguments.No. 1, if those unprogrammed appropriations are indeed important, they should have been included in the regular programmed
THE WAVE RESIDENCES, a 2.6-hectare development in Nasugbu, Batangas is expected to be completed by 2027, housing developer Pocket Communities Corp. said.The company broke ground on the P350-million project, which will include 122 housing units, on Aug. 2.“The construction of The Wave Residences is currently underway. The
SM HOTELS and Conventions Corp. (SMHCC), the hotel arm of the SM group, recently introduced technology that converts food waste into filtered wastewater under 24 hours. This technology is called the organic refuse conversion alternative (ORCA) biodigester, which is currently used at Taal Vista Hotel in
MARK ZUCKERBERG may have a history of copying others’ ideas, but when it comes to navigating the generative artificial intelligence (AI) hype cycle, he’s the one forging a smarter path. In the year to date, Meta Platforms, Inc.’s shares have significantly outperformed its tech giant peers,
Stirling Celebrates 900 Years as a Royal Burgh with Record-breaking Highland GamesThe Stirling Highland Games, a renowned celebration of Scottish culture and sport, reached new heights this year as it helped Stirling commemorate 900 years as a Royal Burgh. The International Gathering drew thousands of
Solar Americas Capital and Ambev have announced the successful launch of a large-scale, behind-the-meter solar power plant in Brazil. This milestone project, located in Cachoeiras do Macacu, Rio de Janeiro, has a peak power generation capacity of 5MW and consists of approximately 9000 solar panels
Green, a leading Swiss data center provider, has announced the start of construction for its fourth data center on the Metro-Campus Zurich West. The demand for computing power has significantly increased, leading to the need for additional high-performance data center space.The new data center, named
Angela Rayner, the Deputy Prime Minister and Labour’s no-nonsense champion of workers’ rights, seems intent on delivering her promises with a zeal that would make even the most ardent trade unionist blush. The newly proposed Fair Work Agency (FWA), a sort of regulatory Cerberus with “real